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Sovereign Wealth Funds Briefing - Categorized | Market

Bank of America to Wells Fargo target Mideast SWFs

Posted on 19 September 2013

Bank of America Corp and Wells Fargo & Co are among US lenders targeting sovereign wealth funds and family-owned businesses to expand in the Middle East.
Bank of America, the second-largest US lender by assets, is boosting financing to family-run companies and expects to increase capital raising and transaction banking in the region, according to Fernando Vicario, co-head of debt capital markets and corporate banking for Europe, Middle East and Africa………………………………………..Full Article: Source


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